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Life Insurance Products cover the risk of financial losses due to premature death. They also cover the risk of living too long by making payment in lump sum or in installments at old age. But generally, the risk coverage in life insurance means ‘covering the risk of financial losses due to the death of the life insured’. Read more
Is it not disconcerting to find that the Indian insurance industry particularly the general insurance has failed to- make a headway despite its long presence? Read more
Low-income households are vulnerable to risks and economic shocks. One way for the poor to protect their health is through insurance. By helping low-income households to manage their health risks, micro-insurance can assist them to maintain a sense of financial confidence even in the face of significant vulnerability.